Peerless Group News Today

When he was earning Rs 1,500 per month in 1978 at the age of 30, Subrata Roy never thought his fortune would grow into billions of dollars and his company would become the largest in the country

During his early youth, Roy was forced by harsh circumstances to sell salted snacks, or "namkeen," in Gorakhpur on his scooter. He gave his business the name Jaya Products.

Subrata Roys death marks the end of an era for the Indian business landscape, where he was known for his vast empire that spanned various sectors including finance, media, entertainment, and real estate.

Beginning in the mid-2000s, a slew of banking sector regulations put the group on a collision path with the RBI

The Peerless Group on Monday announced ambitious plans to invest over Rs 1,000 crore in capital expenditure over the next three years, a major portion of which will be channelled into the development of hospital and real estate projects. In the financial year 2022-23, the Peerless Group reported a revenue of Rs 635 crore from operations.

The group’s flagship Peerless General Finance & Investment Company (PGFI) obtained the license of a Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC) from the Reserve Bank of India during the year.

Liberty General Insurance enters into corporate agency tie-up with Peerless Financial Products Distribution

Peerless Group managing director S K Roy passes away

Kolkata-based Peerless Group managing director Sunil Kanti Roy, popularly known as S.K Roy, passed away at a city hospital here on Monday morning. He was 78.Peerless Group is engaged in diversified business activities including finance, ...

He was 78 and is survived by wife Shikha, son Jayanta and daughter Debasree